Sony game revenue rockets with PS4 games

When the PlayStation 4 first arrived on the scene some gamers were sceptical about whether owners of the current-gen systems feel the new machines will be advanced enough to warrant an upgrade or an immediate install base, not to mention the limited amount of games and exclusives. With that in mind, it seems as if game revenue is in a pretty good position for Sony with reports suggesting a 64% hike when it comes to PS4 sales.

Sony’s games division has managed to accumulate record sales and operating revenue of 441.8 billion yen, which is around $4.35 billion for the quarter ending on the 31st December, 2013. The boost in sales is documented on the Polygon website with details on its latest financial results, and with a 64.6% year-on-year increase the launch of the PS4 has initiated a look at the results including a “significant decrease” in PlayStation 3 sales.

On the gaming aspect, an operating income of 18 billion yen has been registered for the quarter, which is around a 13.4 billion yen increase on the same period last year. According to group CEO and President Andrew House, he revealed back in September that Sony intends to ship 5 million PS4 units by the end of its current fiscal year, along with 15 million PlayStation 4 and PS3 units combined.

Going by the fiscal earnings call today it seems Sony are impressed with the PS4 performing better than expected, although the projected 15 million combined sales figure is still apparent. Low sales of the PS3 is bound to eat into the PS4’s market-share, but the next-gen console is still set to launch in Japan. After the system sold over 1 million consoles on launch day, the future of Sony’s PS4 is looking pretty good.

Do you feel that Sony’s new PS4 console has revitalized their earning capacity? Or maybe you feel that their revenue is also relative to what the competition is bringing in.